Fact sheet: MFS Meridian Europn Core Eq

Fund information

Fund name
MFS Meridian European Core Equity W1 EUR
Fund company manager
MFS Meridian Funds
Fund type
SIB
Fund manager(s)
Gabrielle Gourgey
since 01/01/2015
Roger Morley
since 01/06/2008
Fund objective
The fund's investment objective is to seek capital appreciation, measured in euros. Selects European equity securities perceived by MFS as having above average growth utilizing a 'growth at a reasonable price' strategy. Country and sector exposures driven by bottom-up stock selection, not top down allocation. Long-term investors assess investment opportunities over a 3-5+ year time horizon. Focuses on quality of business model by selecting companies with what we believe have enduring competitive advantages and strong management teams, high returns on capital and significant free cash generation, and who can compound growth and intrinsic value at above-average rates.
Benchmark
MSCI Europe
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

19 %

1 Year rank in sector

-

Sector

FO Equity - Europe inc UK

Yield
-
Fund size

£ 69.8 m

FE Risk score

97

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    27.09%
  • Germany
    19.94%
  • France
    16.29%
  • Switzerland
    9.44%
  • Netherlands
    6.93%
  • Financial Services
    23.29%
  • Consumer Staples
    19.56%
  • Technology
    13.55%
  • Basic Materials
    9.76%
  • Retail
    7.61%
  • UK Equities
    27.1%
  • German Equities
    19.9%
  • International Equities
    17.8%
  • French Equities
    16.3%
  • Swiss Equities
    9.4%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund3.35 %6.72 %19 %53.03 %83.77 %
Sector1.91 %6.12 %15.84 %32.91 %59.1 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund16.04 %1.53 %16.47 %7.16 %0 %
Sector11.54 %-0.56 %11.08 %4.22 %21.06 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha5.78
Beta0.9
Sharpe0.74
Volatility12.19
Tracking error4.95
Information ratio1.01
R-Squared0.85

Price movement

52 week high15.4
52 week low12.41
Current bid price0
Current offer price0
Current mid price15.41

Holdings by region

  • 27.09% UK
  • 19.94% Germany
  • 16.29% France
  • 9.44% Switzerland
  • 6.93% Netherlands
  • 4.76% Spain
  • 3.94% Denmark
  • 2.56% Cash & Cash Equivalents
  • 2.07% USA
  • 1.79% Austria

Holdings by sector

  • 23.29% Financial Services
  • 19.56% Consumer Staples
  • 13.55% Technology
  • 9.76% Basic Materials
  • 7.61% Retail
  • 7.58% Health Care
  • 6.76% Leisure
  • 5.09% Industrials
  • 2.77% Automobiles
  • 2.56% Cash & Cash Equivalents

Holdings by asset type

  • 27.1% UK Equities
  • 19.9% German Equities
  • 17.8% International Equities
  • 16.3% French Equities
  • 9.4% Swiss Equities
  • 6.9% Dutch Equities
  • 2.6% Money Market

Individual holdings

  • 3.47% Pernod Ricard SA
  • 3.05% Akzo Nobel NV
  • 2.96% LVMH Moet Hennessy Louis Vuitton SA
  • 2.82% Bayer AG
  • 2.72% Danone SA
  • 2.69% Reckitt Benckiser Group PLC
  • 2.64% Deutsche Annington Immobilien SE
  • 2.51% WPP PLC
  • 2.43% Diageo PLC
  • 2.23% ING Groep NV